Stunning 16 unit apartment building. 5.1% cap rate with upside on all rents.10 x 1 Bedroom, 6 x 2 Bedroom. Room to grow your income with this add value opportunity. Hydro separately metered. Plumbing upgraded to copper except for 2 units. Close to public transportation. Property being offered at roughly $181k/door. Priced to sell. Data room and full financials available.
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Detailed Information
Freestanding
Y
Lot
90 x 45.66 ft
Air Conditioning
Part
Garage Type
None
Heat Type
Water Radiators
Gross Income/Sales
$255,230
Hydro Expense
$3,597
Water Expense
$18,389
Heat Expenses
$12,604
Insurance Expense
$8,945
Taxes Expense
$35,187
Year Expenses
$2,024
Expenses Actual/Estimated
Est
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Building
Zoning
DE-2
Seller Property Info Statement
N
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